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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #97,301
  • Jun 26, 2008 2:23pm Jun 26, 2008 2:23pm
Quoting ukvipersden
yeah, and the Dow???http://www.forexfactory.com/images/icons/icon10.gif
has the geppy and the dow correlation finally returned?
  • #97,302
  • Jun 26, 2008 2:25pm Jun 26, 2008 2:25pm
Did't I say in the morning that once FED is out of the way DOW correlation is going to return I think the reallty is starting to set in but I think we will take one shot at 214 before coming down but whenever DOW is down this much the next is up like crazy so watch out for a rally to come tomorrow
  • #97,303
  • Jun 26, 2008 2:26pm Jun 26, 2008 2:26pm
daily chart shows price is still inside the 5 sma channel. I will stand aside until the dust settles and collect daily swap except for cover short position. I have an open tp on it also.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy daily 4.gif Size: 28 KB
  • #97,304
  • Jun 26, 2008 2:26pm Jun 26, 2008 2:26pm
If anyone looks at the chart I posted earlier, it was clearly a bearish wedge or whatever its called, a bearish pattern and it has played out nicely.

This could be the start if we get a daily close below daily gann today/tomorrow.
Trade what you see, not what you think.
  • #97,305
  • Jun 26, 2008 2:26pm Jun 26, 2008 2:26pm
Quoting ovaforty
has the geppy and the dow correlation finally returned?
well, perhaps temporarily yes: but I am finding it far more fruitful to trade the Dow, since the last few months...things might change however. Anyhow, like i say, Shanghai Comp is the one to watch (for me anyway)
  • #97,306
  • Jun 26, 2008 2:27pm Jun 26, 2008 2:27pm
Quoting karmostaji
If anyone looks at the chart I posted earlier, it was clearly a bearish wedge or whatever its called, a bearish pattern and it has played out nicely.

This could be the start if we get a daily close below daily gann today/tomorrow.
i would like to own geppy around 209 if it gets that low.
  • #97,307
  • Jun 26, 2008 2:31pm Jun 26, 2008 2:31pm
i also would to own eur/jpy below 165
  • #97,308
  • Jun 26, 2008 2:35pm Jun 26, 2008 2:35pm
Ok, this is AJ, but could it be a 1,000 pip drop for EJ, GJ ect?? Happened more than once., BTW, just bought EJ, GJ>
Attached Image
  • #97,309
  • Jun 26, 2008 2:39pm Jun 26, 2008 2:39pm
Quoting Clouds
Ok, this is AJ, but could it be a 1,000 pip drop for EJ, GJ ect?? Happened more than once.
Attachment
that's what karmo was saying (about gebby)
  • #97,310
  • Jun 26, 2008 2:39pm Jun 26, 2008 2:39pm
Quoting Clouds
Ok, this is AJ, but could it be a 1,000 pip drop for EJ, GJ ect?? Happened more than once.
Attachment
I like aud/jpy around the green 22 sma if i see a rejection.
Attached Image (click to enlarge)
Click to Enlarge Name: aus jpy daily.gif Size: 28 KB
  • #97,311
  • Jun 26, 2008 2:41pm Jun 26, 2008 2:41pm
Lets see, has anything changed - NOPE!
Is "geppy still trading above strong support at 211.25 area - Yep!

Have we gotten all the weak longs out the way yet? = Nope!

So >>>>>>>>>>>>>>>> shake shake shake,
Shake, Shake, shake - shake them weak longs, shake them weak longs. . .

Oooooooooooooooooooooo o,o,o,o, I said, Ooooooooooooooooooo o,o,o,o,


See u all at 214.50 l8ter today, then 216 area. . .
  • #97,312
  • Jun 26, 2008 2:46pm Jun 26, 2008 2:46pm
Quoting ovaforty
has the geppy and the dow correlation finally returned?
It usually will on large down moves.
Look at July2007 and November 2007 and well June 2008
See chart.
Attached Image
  • #97,313
  • Jun 26, 2008 2:48pm Jun 26, 2008 2:48pm
Quoting quecee5
Lets see, has anything changed - NOPE!
only thing that may have changed, is it's time for a USD bear run again! which 'may' bring all the crosses down, cause everybody buying EU or GU or whatever.
  • #97,314
  • Jun 26, 2008 2:52pm Jun 26, 2008 2:52pm
No bounce on DJIA.
Black Thursday ?
or Black Friday ? tomorrow.
  • #97,315
  • Jun 26, 2008 2:55pm Jun 26, 2008 2:55pm
Quoting Rustyyy
No bounce on DJIA.
Black Thursday ?
or Black Friday ? tomorrow.

Black Friday
  • #97,316
  • Jun 26, 2008 2:56pm Jun 26, 2008 2:56pm
Let the Bloodbath beginBenny: you should have raised.
  • #97,317
  • Jun 26, 2008 2:57pm Jun 26, 2008 2:57pm
Quoting Evilgoat
Black Friday
Agree. Selloff tomorrow and into next week.
Until after US Holiday.
  • #97,318
  • Jun 26, 2008 2:58pm Jun 26, 2008 2:58pm
I just went long at 212, target 214. Biggest daily movement on the geppy in a while, maybe she's waking from her slumber. Hope so.
Money & Pain Respect the market, protect your capital, be patient
  • #97,319
  • Jun 26, 2008 2:59pm Jun 26, 2008 2:59pm
I am weak long at 212.30
  • #97,320
  • Jun 26, 2008 2:59pm Jun 26, 2008 2:59pm
Smart money will be buying USD soon.
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